What to Know About Mortgage Refinancing and Common Refinancing Costs

Refinancing replaces your current mortgage with a new loan, which may change your interest rate and monthly payment. Key factors include understanding your current loan terms, home equity, closing costs, and potential tax implications. Options can include fixed-rate and adjustable-rate mortgages, and some borrowers may be eligible for certain government-backed programs like FHA or VA (availability...

5 Tips for Successful First Time Home Ownership

To successfully buy your first home, start by checking your credit score to secure better loan options. Work with a loan officer to understand loan types, get pre-qualified, and set a realistic budget including down payment, monthly payments, and additional costs like taxes and insurance. Then, find a real estate agent to help identify suitable homes based on your needs and negotiate effectively....

Top Strategies for Real Estate Success in 2026 | Carol Strom broker, owner, UNLV Real Estate Finance Degree B145311

The 2026 real estate market is highly competitive, with affordability challenges and fewer profitable transactions. Professionals should leverage both agent and investor roles to expand opportunities and increase revenue streams. Learning multiple transaction types and property niches helps agents and investors adapt to changing market conditions. Building a...

Expect Gradual Home Price Increases This Year | Carol Strom broker, owner, UNLV Real Estate Finance Degree B145311

National home price growth is expected to slow, not collapse, with Zillow projecting ~1.2% rise. Redfin forecasts roughly 1% growth, reflecting a gradual, predictable market reset. Inventory remains tight, particularly in the Northeast and Midwest, keeping competition high. Some markets with more new supply offer buyers modest negotiating leverage. Stabilizing...

Five Things That Can Affect the Cost of Your First Mortgage

A fixed-rate mortgage can offer long-term payment stability, while an adjustable-rate mortgage may start with a lower initial payment and more variability over time. Talking with a certified financial counselor can help you understand how housing costs may fit into your overall budget. It also helps to account for additional costs like insurance, property taxes, and HOA fees when planning for...

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